Initial jobless claims data to shape market sentiment Thursday

As traders approach another pivotal day for financial markets on Thursday, July 10, 2025, the release of initial jobless claims data stands out as a crucial economic indicator that could sway market dynamics. This key employment metric will provide insights into the health of the U.S. labor market, potentially influencing investor sentiment and Federal Reserve policy considerations.

Major Economic Events to Watch

• 8:30 AM ET - Initial Jobless Claims: Expected at 236K, previous 233K. This weekly report measures first-time unemployment insurance filings, offering an early glimpse into labor market trends.

Other Important Economic Events to Watch

• 8:30 AM ET - Continuing Jobless Claims: Forecast at 1,960K, previous 1,964K. This data shows the number of unemployed individuals qualifying for ongoing benefits.

• 1:00 PM ET - 30-Year Bond Auction: Previous yield at 4.844%. This auction gauges investor demand for long-term U.S. government debt.

• 1:15 PM ET - Fed Waller Speaks: Federal Reserve Governor Christopher Waller’s remarks may offer insights into monetary policy direction.

• 2:30 PM ET - FOMC Member Daly Speaks: San Francisco Fed President Mary Daly’s comments could provide clues about future Fed decisions.

• 4:30 PM ET - Reserve balances with Federal Reserve Banks: Previous 3.257T. This figure represents depository institutions’ account balances at regional Fed banks.

• 4:30 PM ET - Fed’s Balance Sheet: Previous 6,660B. This weekly report details the Federal Reserve’s assets and liabilities.

Other Economic Events to Watch

• 8:30 AM ET - Jobless Claims 4-Week Avg.: Previous 241.50K. This smoothed measure helps identify trends in weekly jobless claims data.

• 10:30 AM ET - Natural Gas Storage: Expected 56B, previous 55B. This report measures changes in natural gas inventories, impacting energy markets.

• 11:30 AM ET - 4-Week Bill Auction: Previous yield at 4.240%. Short-term Treasury bill auction results reflect near-term interest rate expectations.

• 11:30 AM ET - 8-Week Bill Auction: Previous yield at 4.300%. Another short-term Treasury bill auction providing insights into investor demand.

For further information and the latest updates, please refer to our Economic Calendar, here.

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